Commerce Bancshares Inc (NASDAQ:CBSH): Stock Big Money Are Happy About: at 1.07

June 29, 2018 - By Norman Soto

Commerce Bancshares, Inc. (NASDAQ:CBSH) Corporate Logo

“Big money” Positions

“Big money sentiment for Commerce Bancshares Inc (NASDAQ:CBSH) in 2018 Q1 decreased to 1.07, SEC.gov filings reveal. So its down -1.64, from 2017Q4’s 2.71. 115 investment professionals increased and started new holdings, while 107 trimmed and sold positions in Commerce Bancshares Inc so the sentiment turned negative. Funds own 67.86 million shares, up from 65.55 million shares in 2017Q4. Funds holding Commerce Bancshares Inc in top 10 changed to 1 from 1 for the same number . 16 Investors Sold All; 91 Reduced Holdings; 81 increased stakes while 34 investment professionals bought stakes.

Biggest Commerce Bancshares Inc Shareholders

As of 2018 Q1 Commerce Bank has 5.63% invested in Commerce Bancshares Inc. As of 2018 Q1, 230,627 shares of Commerce Bancshares Inc are owned by Vigilant Capital Management Llc. Mountain Pacific Investment Advisers Inc Id reported 300,883 shares. Speece Thorson Capital Group Inc revealed 150,323 shares position in Commerce Bancshares Inc. The Illinois-based fund Dearborn Partners Llc looks positive on Commerce Bancshares Inc, having 359,661 shares.

Commerce Bancshares, Inc. operates as the holding firm for Commerce Bank that provides retail, mortgage banking, corporate, investment, trust, and asset management services and products to individuals and businesses.The firm is valued at $6.98 billion. It operates through three divisions: Consumer, Commercial, and Wealth.20.68 is the P/E ratio. The Consumer segment offers various banking services and products, including consumer deposits; consumer loans, such as automobile, motorcycle, marine, tractor/trailer, recreational vehicle, fixed rate and revolving home equity, and other consumer loans; real estate loans; indirect and other consumer financing; personal mortgage banking; and consumer debit and credit bank cards, as well as provides online, mobile, and telephone banking services.

CBSH hit $65.52 during the last trading session after $0.75 change.Currently Commerce Bancshares, Inc. is uptrending after 25.07% change in last June 29, 2017. CBSH has 148,933 shares volume. The stock outperformed the S&P 500 by 12.50%.

Commerce Bancshares, Inc. (NASDAQ:CBSH)’s earnings release is expected by WallStreet on July, 12, Zacks reports. Last year’s EPS was $0.71, while now analysts expect change of 23.94 % up from current $0.88 EPS. If the current EPS of $0.88 is accurate, CBSH’s profit could reach $93.80M. -4.35 % negative EPS growth is what Wall Street’s predicts after $0.92 reported EPS previous quarter.

Schroder Inv Mngmt Gru owns 1.21 million shs for 0.13% of their capital. Stratos Wealth Prtn holds 49,227 shs or 0.12% of its capital. Whittier Trust reported 136 shs. Atwood & Palmer Inc has 0.15% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Td Asset has 49,526 shs for 0% of their capital. Victory Mngmt Incorporated stated it has 0.01% in Commerce Bancshares, Inc. (NASDAQ:CBSH). State Of Tennessee Treasury Department reported 83,500 shs. Moreover, Comerica Bancorp has 0.05% invested in Commerce Bancshares, Inc. (NASDAQ:CBSH). Manufacturers Life Insurance The accumulated 879,724 shs or 0.06% of the stock. Goldman Sachs Group holds 0.02% or 1.20M shs. Vigilant Capital Management Ltd Com has invested 1.97% of its capital in Commerce Bancshares, Inc. (NASDAQ:CBSH). Mutual Of America Cap Mngmt Limited Liability Corporation holds 0.07% in Commerce Bancshares, Inc. (NASDAQ:CBSH) or 77,526 shs. Deutsche State Bank Ag reported 149,067 shs. Kwmg Limited accumulated 0.09% or 5,378 shs. State Treasurer State Of Michigan holds 34,223 shs or 0.02% of its capital.

Commerce Bancshares, Inc. registered $23.34 million net activity with 0 insider buys and 29 sales since January 29, 2018. On Tuesday, April 17 Callahan Daniel D. also sold $66,549 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH). Another trade for 850 shs valued at $51,825 was sold by BURIK JEFFREY M.. 798 shs were sold by Kellerhals Patricia R, worth $48,650 on Monday, March 12. $35,308 worth of Commerce Bancshares, Inc. (NASDAQ:CBSH) was sold by PETRIE MICHAEL J on Monday, February 12. 78,359 Commerce Bancshares, Inc. (NASDAQ:CBSH) shs with value of $4.50M were sold by Kemper John W. Another trade for 1,333 shs valued at $84,148 was sold by ABERDEEN JEFFERY D.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Ratings Coverage

A total of 11 analysts rate Commerce Bancshares Inc (NASDAQ:CBSH) as follows: 0 “Buy”, 9 “Hold” and 2 “Sell”. Тherefore 0 are bullish. (NASDAQ:CBSH) has 16 ratings reports on 29 Jun 2018 according to StockzIntelligence. In Tuesday, May 15 report Bank of America downgraded the stock to “Sell” rating. On Tuesday, April 17 Stephens maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) rating. Stephens has “Hold” rating and $6500 target. On Tuesday, April 17 the company was maintained by Morgan Stanley. On Tuesday, April 10 Raymond James upgraded Commerce Bancshares, Inc. (NASDAQ:CBSH) to “Hold” rating. On Sunday, April 15 the firm earned “Hold” rating by Piper Jaffray. On Thursday, January 18 Piper Jaffray maintained Commerce Bancshares, Inc. (NASDAQ:CBSH) rating. Piper Jaffray has “Hold” rating and $60.0 target. On Tuesday, January 2 the stock of Commerce Bancshares, Inc. (NASDAQ:CBSH) earned “Hold” rating by Barclays Capital. The stock rating was maintained by Jefferies with “Hold” on Wednesday, April 18. On Tuesday, June 26 the rating was maintained by Wells Fargo with “Market Perform”. The stock rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, April 11.

For more Commerce Bancshares, Inc. (NASDAQ:CBSH) news announced briefly go to: Businesswire.com, Streetinsider.com, Bizjournals.com, Bizjournals.com or Nasdaq.com. The titles are as follows: “Commerce Bancshares, Inc. to Participate in Morgan Stanley’s Financials Conference, June 12-13, 2018” announced on June 08, 2018, “Commerce Bancshares (CBSH) PT Raised to $64 at FIG Partners” on June 05, 2018, “As another Kemper steps down, Commerce Bank shuffles its leadership” with a publish date: June 04, 2018, “This is how much a typical worker makes at Sprint, 9 other big KC public companies” and the last “New Research: Key Drivers of Growth for Webster Financial, Chimerix, Commerce Bancshares, Teligent, Pinnacle …” with publication date: June 29, 2018.

Commerce Bancshares, Inc. (NASDAQ:CBSH) Institutional Investors Chart

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